HHR 16.7% 0.7¢ hartshead resources nl

MZ-1 Status, page-5

  1. 784 Posts.
    Hi Kfann.

    I don't think you were incorrect.
    I think aubin has reached the same conclusion as I did before re- reading the first release .In December.

    "The well has been named Mazagan-1 ("MZ-1") and will target the Ouanoukrim prospect in the northern part of the block (see Figure 1). The Ouanoukrim prospect comprises a series of independently risked stacked targets that are defined on 3D seismic (see Figure 2). MZ-1 will be drilled to 5,600 metres with potential to deepen to 6,150 metres Total Vertical Depth Subsea ("TVDSS"). The total gross mean resource potential targeted by the MZ-1 well is over 1.4 billion barrels, with a high case of over 3.0 billion barrels (refer Table 1 on page 3)."


    This is where I think the well is at present, 4651 metres (15260 feet) below the seabed. TVDSS
    Total Vertical Depth Subsea ("TVDSS").
    Subsea I believe means below the sea floor.

    In any case the position is that we have passed the cretaceous.
    With I think 1000 metres of drilling to go.
    Glass half full . Well my hand is shaking so much the glass is wobbling too much to see.

    Cheers IFINO
 
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